The Workbox team announced that they've closed their latest funding round, securing $17.5M in capital, with an option to tap in a further $5.5M. The round was led by Chicago Atlantic, who have over $2.1B in AUM.

CEO and Co-Founder, John Wallace, noted that “Workbox has more than doubled its revenue every year since inception, but it took a capital partner with the ability to look beyond office market headlines to see the true size of our opportunity in this trillion-dollar sector. The current environment has opened a path for reimagining the workplace and realigning owner and operator interests in a sustainable way.”